USDJPY Weekly Technical Outlook
The USDJPY market operation on the weekly time frame remains sideways at the 147.010 horizontal resistance area. The market operation has been sideways in the area for the past seven weeks.
The USDJPY price action on the daily time frame is sideways at the 147.010 intra-day horizontal support. However, recent technical prints and the preceding technical impulse favour southward liquidity engineering.
Although the USDJPY price action on the H4 time frame is sideways at the 147.010 intra-day horizontal support, recent technical prints and the preceding technical impulse favour southward liquidity engineering.
I may be wrong. Trade safe and prosper.
Trap